Original Article, SupplyChain Dive, Author Matt Leonard

Supply Chain Dive, an industry publication providing insight into the supply chain management sector, reports that trucking demand, measured by DAT’s load-to-truck ratio, showed signs of growth across van and reefer volume in December, but flatbed demand was down. DAT also reported that year-over-year spot rates across the board were down, but they reached an 11-month high in December.

The DAT’s numbers show signs that the market is moving in favor of carriers but, for now, it’s still a shippers market with plenty of capacity and competitive rates.

For carriers, this market news can’t come soon enough as analysts with UBS lowered fourth-quarter earnings guidance for five major trucking companies: Hearland Express, Hub Group, J.B. Hunt, Schneider National and Werner Enterprises.

Read the original Supply Chain Dive article in full here. https://www.supplychaindive.com/news/trucking-industry-demand-signals/570938/